Author: Sagar
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Weekly: Indian steel market snapshot
India’s secondary steel market has noticed mixed sentiments during the 3rd week due to subdued demand. As per the assessment, sponge iron offers fell sharply by INR 700-1,700/t & billet by INR 1,100-2,000/t across the markets. Also, rebar market has observed weak demand and limited buying inquiries in this week, resulting a selling pressure was…